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absolutely know for a fact there are some young scientists, including places like harvard and penn who made career decision was respect to certain fields because they feel as though there may not be a future in those fields. >> we have time for a number of questions. somebody have a -- >> i just want to jump in. to what glenn said i do think when we talk about what the government has to do in the upcoming let's say year, two years, i do think obviously getting over the fiscal cliff the deal, getting closer to balancing the budget, which i think is still very important in the mindset of businesses and this government, that we learn to do that. but i do hope because of all the discussion that tax reform is something that is taken seriously for this year. i think it's well overdue. it's been posited as something that should be done now. it's obviously doesn't have time to do it before december 31. i think that there's a real opportunity to make a lot of the changes that we have talked with through -- about through tax reform. and it will give businesses a lot of the assurances they need that t
into that substation and end the ability for us to have the level of service into the penn station in new york city. because those gates were so old. and it was scheduled to get done as a part of the art program, and it's now scheduled to be done as a part of the gateway program which is a discussion that this body needs to have for the future about how do we make those investments in infrastructure? and i'm hearing that today in many areas. so really a subsidized cost is really about the long distance trains where the business model doesn't work the same as the level of service that there is along the northeast corridor and the need to connect that service. but we had to be careful coming in to reorganize amtrak. you have to find out and -- whether it was the g.a.o. report or whether it was the i.g. report, we followed the i.g. structure in terms of developing a strategic plan. there's no question about that. and i think that mr. alves will say that in this process, and when we did that we knew other elements of this had to occur as the g.a.o. pointed out in its metrics. one of the things that i f
in the country, do not passenger traffic at penn station in new york has in the same day. try it. it is really a delight to go through the space that you have to. >> i traveled through penn station every day, and i realize it is a critical piece of infrastructure. >> absolutely. want to ask mr. once deeweins, this is a question in the news and a question about whether restoring the real cars, these rail yards, which experienced severe damage, and what prompted the decision to restore rail cars at those sites? >> yes, mr. chairman. the decision to put the equipment in this box, first of all, the maintenance complex in carney has at any given time a couple hundred cars they're lined up for inspection, maintenance, repair, and all that. in making the decisions where we put equipment, and we put in about 20 locations around the state, in real yards in three states, york, pennsylvania, and in our own state, but based on the information that we had, in terms of what the likelihood flooding occurring at the meadowlands maintenance complex or act the part of hoboken terminal where the hoboken yard whe
. it is a delight. >> i travel through penn station every day along with 500 of mother people -- 600,000 and realize it's a critical piece of transportation and for structure. >> this is a question that has been in the news -- whether restoring the railcars at these railyards was made -- both sites experienced severe damage. what prompted the decision to store the railcars at those sites? >> the decision to put the of equipment in those spots -- first of all, the meadowlands maintenance conflicts -- complex has a couple of hundred cars they're lined up for inspection, maintenance repair and all that. but in making the decisions where we put equipment, and we put it in about 20 locations around the state, in railyards in three states, new york, pennsylvania and our own state. based on the information we had in terms of what the likelihood of flooding occurring, the meadowlands maintenance complex or at the part of hoboken terminal where the hoboken yard, where the acquittal was parked, they did not -- they indicated there was a likelihood in that 80% to 90% range that no flooding would happen there.
them to prosper. >> everything needs to think to be able to write. well glad that penn is represented. >> they feel they have to charge? the kid will end up with debt. public education is coming back. it is a terrible sways. >> it is important, what some of the work is being done at not just community colleges but the extension schools and a great inner cities. we talked about the dangers of universities -- that is important -- to treat the ability of schools to teach kids things that local employers need to have to be employed. and while they're there capturing a teachable something about shakespeare and the constitution and make them good citizens but give them skills that allow them to support themselves in the marketplace of the future. >> which is why community colleges have been an engine for economic growth. one of the mistakes we make we talk about the full range of this which is spending on research and development, supported universities, more money is better. what we think about is less money is better. the more efficient you allocate your resources, the more you get for yo
. penn is well represented, as well as harvard. >> you have the terrible squeeze. harvard does a fantastic job. a lot of private institutions, a kid will end up with $100,000 in debt. public education is cutting back. it is a terrible squeeze. >> some of the work being done to integrate and we talk about the dangers of universities and businesses getting together. one thing we can do is create the ability for the schools at all levels to teach kids things that local employers need to be employed. then teach them something about shakespeare and the constitution and make them good citizens. give them skills that allow them to support themselves in the marketplace of the future. >> community colleges have been an engine but we're cutting back on community colleges. >> we talk about the full range of this. support of universities. more money is better. a business person thinks less money is better. today it is cheaper to start a business because all the tools are now available on the web. we have taken the cost of innovation down enormously. there are ways in which we can reduce th
that i teach at penn. \ >> a question? >> i'm carol thompson from strategic consulting. have a question for each of the three panelists. we have been talking about innovation, education, and we have been talking about what we have been hoping for the future. i would like to ask you about the future. what are your greatest fear is hand your greatest hopes for 2016 and 2020? small question. >> i presume you don't think the world will end on december 31. [laughter] >> susan will not say newt gingrich runs again for president. >> i am here in a whole different capacity now. don't come to be first on this. >> my greatest fear, i hope that both of my kids are all-employed within the next four years. they are doing ok, but they're in their 20s. my greatest fear -- i don't think about fears. i am surrounded by so many incredible kids that i feel good. if i feel bad in the morning, i feel good after my class. >> you stole my thunder. i would prefer the thunder to win over the heat. [laughter] i think couple things. one, i do think the fiscal situation is the facilitating opportunity between here
penn station accommodates 550,000 passengers today. in 1900, those tunnels were called to expensive, impossible to build. some of cassatt's shareholders thought he was nuts, but can you imagine new york today without it? sandy showed us what new york was without it. it is up to us to create division to do the planning, to execute the project that will ensure we hold true to the basic promise come as the secretary said last week that the america is greater and stronger than the mayor cut our parents left for us, i look forward to answering your questions. >> thank you. i have one quick thing. have you read that book? >> yes, i have, with great interest. >> you are recognized. welcome back. >> thank you, and thank you for your service. one of the other things i would like to thank you about is that you have put a focus on this corridor, and i appreciate that. we have put a vision out in 2010, and by january he began to have hearings, but february of that year, and i would like to summarize, february of that year we proposed a the project to support that vision, and in march, we named
Search Results 0 to 7 of about 8